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mortar shells fired from Myanmar have landed in Bangladesh near the border in Bandarban, causing panic among residents. Police said the shells fell close to a mosque half a kilometre from the Tumbru border of Ghumdhum, Naikhyangchhari around 2:30 pm on Monday. Authorities believe the shells...

Government had set a target of generating 10% of total electricity from renewable sources by 2021, but it is only 3.5% as of now. Bangladesh has experienced a boost in solar energy since 1996, starting with the introduction of small units of the solar home system (SHS) across the country –...

Concreting of the inner containment dome of the reactor building has started at the unit-2 of the Rooppur Nuclear Power Plant. The work is being carried out by the TrestRosSEM, a branch of the Rosatom Engineering Division. The inner containment is one of the key elements of the nuclear power...

Russia has offered to export refined petroleum to Bangladesh lower than the international price. Bangladesh imports 5-6 million tons of refined fuel per annum. But due to high international prices, the government had to increase the price of fuels almost by 50%. So the government is now looking...

The gap between the buying and selling rates of the dollar against the Bangladesh currency will be a maximum of Tk 1, according to two officials of the central bank. The development came as the dollar-taka exchange rate set a new record in the so-called kerb market. Bangladesh Bank took the...

With depleting foreign reserves, a falling taka against the dollar, widening trade and current account deficits, does a Sri Lanka-like fate await Bangladesh? With global inflation rising and the fear of fuel and food crises looming large, clouds are gathering on the economic horizon of South...

As many as 11 companies are set to invest around US $ 243.71 million in Bangladesh Export Processing Zones Authority’s (BEPZA) Economic Zone (EZ). Reports claimed this while adding Hong Kong-British Virgin Island-owned ladies undergarments manufacturing company Nova Intima Limited is one...

China will soon begin work on developing an economic and industrial zone in Chattogram's Anowara upazila. To this end, a memorandum of understanding was signed between Bangladesh Economic Zones Authority (Beza) and China Road and Bridge Corporation on Thursday. Shaikh Yusuf Harun, executive...

Anwar’s denim investment puts high hopes in modern technology. The group is transforming its jute mill in Munshiganj’s Gazaria to accommodate the denim manufacturing units. Anwar Group, one of the leading industrial companies of the country, is going to invest at least Tk5,000 crore in steel...

With the 130-kilometre long India-Bangladesh Friendship Pipeline nearing completion, residents and industries across 16 northern districts may soon enjoy uninterrupted fuel supply. Here, a section of the pipes being used are seen laying above ground before being put in place in Badarganj upazila...

Infrastructure development brings a multiplier effect on the economy. BNP secretary general Mirza Fakhrul Islam Alamgir believes that a thousand structures like the Padma Bridge won’t satisfy the people of Bangladesh. While speaking at a press conference in BNP chairperson Khaleda Zia’s...

Twenty-eight companies, including Walton, have got the nod from the authorities concerned to invest a total of $1.3 billion in Bangabandhu Sheikh Mujib Industrial City, Jamalpur Economic Zone, and Sabrang Tourism Park. The Bangladesh Economic Zone Authority on Thursday also allotted 363.53...

Bangladesh's recent cut in import duty of non-basmati rice has pushed up prices of the grain in India's domestic markets by ten percent in the last five days, and is causing a rush among Indian exporters to go for deals with the neighbouring country. On June 22, Bangladesh came up with a...

Source: http://www.padmabridge.gov.bd/

Bangladeshi large power companies Summit Group and United Group are interested in various hydropower projects Dhaka plans to urge Kathmandu next month to allow two of Bangladesh's experienced power companies to invest in hydropower projects in Nepal. If the plan gets the go-ahead, it will...

The number of donkeys in Pakistan is increasing. Pakistan now ranks third in the world in terms of the number of donkeys. According to a recent Pakistan Economic Survey for 2021-22, the number of donkeys in the country has risen again. This is according to a report in The Express Tribune, a...

The mega plant is expected to meet about 80% of the national demand for refined oil Bashundhara Oil and Gas Company Limited, a subsidiary of one of the biggest conglomerates of the country announced that they are constructing a mega oil refinery in Sitakunda upazila in Chattogram back in...

Bangladesh import payments of first 10 months (july-april), FY21 and FY22 Source: Bangladesh Bank

After fixing the toll for vehicles plying on Padma Bridge, the Bangladesh Road Transport Authority (BRTA) has now fixed bus fares for 13 routes in line with the revised toll. Bus fares for the Dhaka-Bhanga-Madaripur-Barisal route and Dhaka-Rajoir-Gopalganj route would be Tk412.32 and Tk504.21...

“Immigration in 18 secs”: E-gates open at Dhaka airport From now on, passengers with e-passports will be able to complete immigration formalities in just 18 seconds, as e-gates became operational at Hazrat Shahjalal International Airport (HSIA) in Dhaka today. Monirul Islam, additional IGP...